Starboard Value has an $800 million stake in GoDaddy (GDDY, $83.03)
Activist investor Starboard Value LP disclosed an $800 million stake in web services group GoDaddy.
Starboard revealed this investment in a Securities and Exchange Commission filing. 6.5% stake was made in part because shares in the group were "undervalued" and therefore were an attractive investment opportunity.
GoDaddy reported fourth quarter earnings of 58 cents per share last month, beating analysts’ expectations. The company’s revenue rose +14.2% year-over-year to more than $960 million.
For the current fiscal year, GoDaddy expects overall revenues of around $3.765 billion
GDDY's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for GDDY turned positive on April 22, 2025. Looking at past instances where GDDY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GDDY's RSI Oscillator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on GDDY as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
GDDY moved above its 50-day moving average on April 23, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GDDY advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .
GDDY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 299 cases where GDDY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GDDY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GDDY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (277.778) is normal, around the industry mean (30.787). P/E Ratio (13.338) is within average values for comparable stocks, (160.020). Projected Growth (PEG Ratio) (1.068) is also within normal values, averaging (2.707). Dividend Yield (0.000) settles around the average of (0.032) among similar stocks. P/S Ratio (4.312) is also within normal values, averaging (59.678).
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General Information
a provider of domain name registration and web hosting services
Industry PackagedSoftware